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Elmsdale was Canada’s 2528th most expensive suburb by listed median house price this month.

When our research team crunched the numbers we calculated that Elmsdale has a median home price of $219,900.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

This month we track 47th neighbourhoods in Nova Scotia, and Elmsdale has the 47th most choice available for real estate investors.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Elmsdale will hopefully provide an indicator to help you where to research in-depth

If you are looking at investment properties in Elmsdale, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

As one of Nova Scotia’s many potential real estate investment neighbourhoods, Elmsdale needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.